Comment on Why Sogou Inc. Shares Fell 19% Last Month

Why Sogou Inc. Shares Fell 19% Last Month

Shares of Sogou (NYSE: SOGO) plunged 19.4% lower in July of 2018, according to data from S&P Global Market Intelligence. The Chinese online search specialist was doing alright until the very end of the month, where a mixed earnings report sent share prices tumbling.In a second-quarter report that CEO Xiaochuan Wang characterized as "solid," Sogou beat Wall Street's bottom-line targets but fell short of analysts' revenue estimates.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News